“Companies go bankrupt all the time,” says 3AC founder, Brit found guilty of laundering $6B in Bitcoin for fast food worker: Asia Express
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Kyle Davies, co-founder of bankrupt Singaporean hedge fund Three Arrows Capital (3AC), has washed his hands of responsibility for its collapse. On a March 19 episode of theUnchained podcast, Davies reiterated his lack of remorse for his involvement in what happened to 3AC, which is facing $3.3 billion in creditors’ claims:
“Am I sorry for a company going bankrupt? No. Like, companies go bankrupt all the time,” said Davies. “Maybe, at a minimum, we could tell the next Three Arrows how to do things better when they go bankrupt.”
